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With the increase of the SCT in the car, the new rates became clear. Although this development in the automotive sector was one of the most talked about topics of the day, many people on social networks reacted to the regulation of the SCT. So how did the new rates come about after the rise of the SCT? Here’s the effect of the SCT increase on vehicle prices …
NEW RELATIONSHIPS DETERMINED WITH SCT EXT.
With the president’s decision, the SCT rates were re-determined to be effective as of today. Consequently, in the 45 and 50 percent sub-tranches, the base amount increased only by a small rate of TL 15 thousand, while the 60 percent portion rose to 80 percent. Exorbitant increases were made for the SCT sections of the medium and high groups.
The government explained that the reason for the change was a reduction in imports and an increase in domestic production. But the raises are well above the discount. While the upgrade prices in the lower segments decreased by only 3-6%, the SCT increases in the middle and upper segments mean between 13-23% TIME.
RATES AFTER SCT EXT.
• 45 percent SCT for vehicles with a cylinder volume of up to 1600 cm3 with a base base of up to 85,000 TL,
• 50 percent SCT for vehicles up to 1600 cm3 cylinder volume, with a base quantity between TL 85,000 and TL 130,000,
• 80 percent SCT will be applied to vehicles with a base base of 130,000 TL and up to a cylinder volume of 1600 cm3.
• 130% SCT for vehicles with a cylinder volume between 1600-2000 cm3 and a base base of up to 170,000 TL,
• 150% SCT for vehicles with a cylinder volume between 1600-2000 cm3 and a base base of more than 170,000 TL,
• 220% SCT will be charged for vehicles with a cylinder volume greater than 2000 cm3 and without a base limit.
So, along with VAT, the maximum car tax was raised to 277 percent, breaking a world record by a long way.
WHAT WERE SCT RATES PREVIOUS?
According to the president’s decision published last night in the Official Gazette, the SCT’s automotive base and rates have been modified. The rates before this change were reduced from 50 percent to 45 percent for vehicles with an engine volume of up to 1600 cc and those with a taxable base of 70 thousand TL. For vehicles with a 1600cc engine but with a base base of 120 thousand TL, it was reduced from 60 to 50 percent.
The prices of these two types of cars are expected to decline in a range of 3 to 6 percent. However, for vehicles with an engine volume of up to 1600 cc, the tax base was 130 thousand TL. In these vehicles, the amount of SCT increased from 60 to 80 percent. Expect this increase to have a direct impact on prices.
The situation is the same for vehicles with an engine volume of 1600-2000 cc. The SCT was increased from 100 percent to 130 percent for those with a tax base up to 170 thousand TL. For vehicles with a base base of 170 thousand but the SCT amount 110 percent, the amount was increased to 150 percent.
The amount of SCT was increased from 160 percent to 220 percent for vehicles with a 2-liter engine displacement and exceeding that.
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